
Lancaster, California 93535
This Turnkey Single Family Residence is a High-Potential Investment Opportunity, listed at $535,000—positioned above the $467,930 Fair Market Value. While priced above current estimates, the property’s LRR2 Zoning and available ADU plans provide significant long-term value-add potential. Featuring a Mint Condition Rating with a remodeled kitchen and new energy-efficient systems, the home offers immediate utility. The expansive, gated lot with rear alley access is perfect for RV storage or future development. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, move-in-ready asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 44839 Division St Subject | $535,000* List Price | 2 | 2 | 1,029 | $455 | - |
A 45001 Logue Court Sold | $425,000 | 3 | 2 | 1,023 | $415 | 0.8 mi |
B 44745 3rd E Active | $429,999 List Price | 4 | 2 | 1,122 | $383 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1951, the property has undergone a comprehensive recent renovation (likely within the last 1-2 years). It features a fully remodeled kitchen with stainless steel appliances and quartz-style counters, updated bathrooms with modern black fixtures and new tile, new laminate flooring, and new energy-efficient split-system HVAC units. The property is in mint, turnkey condition with no immediate maintenance required.
Zoned LRR2 with available ADU plans and a history of a second dwelling on-site, this property offers exceptional value-add opportunities for investors or multi-generational living.
The residence is move-in ready with a remodeled kitchen and bathrooms, new laminate flooring, and three energy-efficient split-system units for year-round climate control.
A fully gated lot featuring new block walls and extensive concrete provides secure, ample parking for RVs, boats, or car collections, further enhanced by convenient rear alley access.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1029, other record living area = 1534. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
At just 1,029 square feet, the interior living space is relatively small, which may limit appeal for larger families or those requiring expansive indoor common areas.
Originally constructed in 1951, the property may have underlying aged components typical of mid-century homes that could require ongoing maintenance despite recent cosmetic updates.
Turnkey, unique and full of possibilities! This beautifully updated 2-bedroom, 2-bath residence is truly move-in ready, featuring a remodeled kitchen and bathrooms, new laminate flooring throughout, fresh exterior paint, and three energy-efficient split-system units providing year-round comfort. The improvements continue outside with new block walls creating a completely gated property and new concrete extending from the front of the property all the way to the rear alley—ideal for additional parking, RVs, boats, recreational vehicles, or a car collection. Convenient rear alley access makes this space especially functional. What truly sets this property apart is its flexibility and future potential. Zoned LRR2, the property offers an opportunity for buyers looking for additional development possibilities. Plans for an ADU are available, adding another option for those interested in maximizing the property's potential. The property previously had a second dwelling addressed as 44841 Division Street, which has since been removed. Buyer to independently verify zoning, ADU plans, permits, allowable uses, development potential and requirements with the appropriate governmental agencies. Car collector? Hobbyist? Need room for an RV, boat, extra vehicles or all those toys you never seem to have enough space for? This property gives you room to use your imagination. Whether you're looking for a move-in-ready residence, exceptional off-street parking and storage, or future development possibilities, this unique property offers options that are difficult to find. Improvement list available. This property is ready for its new owners—move right in and imagine the possibilities!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.9 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,029 | 1,831.274 |
| Lot Size | 6,796 | 7,654.687 |
| Price | $535.0K | $478.1K |
| Price per sq ft | $520 | $269 |
| Built year | 1951 | 1989 |
| HOA | $0 | $203 |
| Days on market | 27 | 62 |
Aug 13, 2026
$535,000
Initial Listing
Dec 17, 2024
$345,000
Public Record
Apr 11, 2013
$100,000
Public Record
Oct 30, 2009
$56,000
Public Record
Oct 3, 2005
$240,000
Public Record
Jul 27, 2001
$82,000
Public Record
Dec 15, 2000
$45,000
Public Record